Seplat Energy has commenced the transportation of crude oil through the new Amukpe-Escravos Pipeline located in…
Category: Business/Economy
FG bans SIM card importation
The Federal government has banned the importation of Subscriber Identity Module (SIM) cards. The Minister of…
CAC: CBN issues clarification on regularization of bank accounts of associations, others
The Central Bank of Nigeria (CBN) has said it did not direct Deposit Money Banks to…
NCC doles out N500m to varsities, others for research
Nigerian universities and other tertiary institutions across the country have secured over N500 million in grants from…
FG procures €63m electricity equipment from Germany
The Federal government has procured new transformers at the cost of €63 million to boost regular…
Oil producing: Anambra receives N268.2m as first tranche of 13% derivation fund
The government of Professor Chukwuma Soludo has engaged a remarkable gear of ascendancy as Anambra State…
Currency merchants in disarray as EFCC operatives raid bureaux de change hub in Abuja
Operatives of the Economic and Financial Crimes Commission (EFCC), on Friday, raided Wuse Zone 4, home…
Minister explains depletion of Excess Crude Account
Justifies $1bn withdrawal The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has given…
Stakeholders reject planned 5% tax on calls, data, SMS
The Association of Licensed Telecoms Operators of Nigeria (ALTON), Association of Telecommunications Companies of Nigeria (ATCON)…
CBN blames NNPC as Naira crashes further to N718/$ at black market
The Nigerian currency, Naira, has depreciated to its lowest level at the black market as students,…